if u buy or sell or love or hate just because one person in the company, you're still too young in stock market, the amateur-ness is all over your comments hahaha try to at least link up the contexts not just one sided bias craps
532TKY just the same as people who do or don’t like Tony Ferndz, so I guess typically they will promise big big first, and then slowly fulfill what they have promised
532TKY old news just like their website since they are still upbeat about 2021 prospects LOL.
That one person isn't just any one person, he is the executive director, I am being highly critical since I am an investor and he is not being transparent. If you can't even be critical as an investor, then you are the one that is an amateur.
Looking at bursa announcement, what updates do they have for the year so far? Them talking about listing in NASDAQ and then switching to small firm auditors and you expect the public to take them seriously?
Great ykyew11. Anyway, without doubt the public is getting angry. N the keyboard warriors can’t do much. I would suggest EastWestTalker, 532TKY, neonstrife, bosskufanboy to stop working for arbb.
agree stampid, this all banyak got problem. I think we focus on our own stock is better, Basically some of their comment, I already auto filter. hahaha...
When can u fix your eyes Bursa Vulture? This question already asked million time :) if u still wan answer for this ignorant question, u shud ask Joey Yap let him count for you
Higher than expected inflation had indeed caused panics amongst the investors. Once again, Nasdaq had investors flocking away from high valuation companies, and this had in turn impacted our local technology sentiment. But as compared to the other tech companies that are still in high twenties in valuation, ARB is trading at a low single digit PER of 1.59 times.
Sustainable Earnings
Some might say the low PER was caused by one-off earnings by the company. But the truth is, ARB had always been delivering outstanding financial results due to their technical knowhow in the ERP and IoT segment.
Barring any unforeseen circumstances, I think it is good enough for ARB to maintain their current earnings as the valuation is ridiculously cheap.
Cloud ERP Growth Potential
MarketsandMarkets estimates the global cloud ERP market size is expected to grow from USD 45.3 billion in 2020 to USD 101.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 17.4% during the forecast period. The major factors driving the growth of the cloud ERP industry includegrowing demand among enterprises to improve operational efficiency and streamline business processes, the impact of COVID-19 pandemic, and increasing adoption of cloud-based solutions.
There are >3,700 NASDAQ Listed Info Tech based companies with businesses such as Online shopping, ERP subscription based, IOT subscription based, ordering online for new dentures (yes, fake teeth).
the average valuation ranged from 15 to 45 time of revenues.
Grabcar was smart to list in NASDAQ, a household name, where people say, “Why not you grab your food?” has a turnover US$670million but with a market capitalisation of US$10.5 “B”billion (yes spelled with a “B”)
ARBB is applying for listing with NASDAQ for its IOT division which has a turnover of US$64million. Valuing at 15 times turnover , market capitalisation will be US$970million or RM4,270 million.
That is an upside from current market capitalisation from RM120million to RM4,270million or 35 times or rise from RM0.105 to RM3.50.
NASDAQ is capital allocation for Global investors that ranged from Japan to Germany. They will note that
ARBB IOT sales performance are: March 2021: US$2.2 million March 2022: US$64.3million An increase of 29 TIMES!
imagine what is the impact on ARBB listed IOT shares in NASDAQ when they saw Grabcar explosive growth, they will invest on ARBB explosive growth too except that ARBB mother shares haven’t move which is still at super low valuation price at RM0.10
The bigger excitement is ARBB PA increasing from RM0.02 too RM3.38 which is >150 bagger.
You need to be right once, and you will be rich. (Warren Buffett, 2017)
Disclosure: I am long on ARBB and ARBB PA and may increase long position in next 72 hours
Let’s analyse one by one. Grab car has some service that ppl know, understand. N they qualified for Nasdaq. What requirement did arbb qualify, please enlighten. Even they could sell a service that could be bought in the market, I would be the first to buy. Maybe selling durians online. Or iot for durian?
What was the cause of rise in the profit. Warren buffet (2001,2010) says u need to understand the business first before investing.
I would suggest u to be specific and u should demonstrate the products, so that they could be evaluated. We too want to understand the business and where are the products sold. Without understanding the products I think, the confidence would be low.
Bursa Regulatory Body roles are many which include monitoring any market misconduct. Any company that changes its core business(es) must report transparently.
Since 2017, ARBB has gradually exited logging business and succeeded in diversifying to IT businesses.
In 2022, ARBB’s Net profits after tax is at peaked RM91million (15 months period) for a market capitalisation of RM120million, this is deep discounted value.
Bursa is closely watching and no evidence of malpractice, thus far. Otherwise the company is given ONE DAY to respond to their queries.
One has to understand the business based on disclosures that all listed companies in BURSA has to publish.
Invest in your Circle of Competence.
Otherwise, investors have very little reason to suspect malpractice.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
532TKY
200 posts
Posted by 532TKY > 2022-06-27 13:25 | Report Abuse
good day indeed, i dunno bout you but i think something good gonna happen recently